Granules India Ltd

Common Name
Granules India
Country
India
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
4,066
Ticker
GRANULES
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Granules India Ltd. is a pharmaceutical company that focuses on the manufacturing and commercialization of Active Pharmaceutical Ingredients (APIs), pharmaceutical formulation intermediates (PFIs), an...

Granules India's GHG Emissions Data Preview

In 2024, Granules India completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Granules India has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Granules India’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Granules India’s data sources below and access millions more through our Disclosure Search.

a. Granules India's Sustainability Report 2024
a. Granules India's Sustainability Report 2024

Insights into Granules India's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Granules India amounted to 121,332 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Granules India decreased by 0.48%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Granules India's Scope 1 Emissions Over Time

20232024015 k30 k45 k60 ktCO2e+1%
  • Total Scope 1
  • Year-over-Year Change

What are Granules India's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Granules India were 58,254 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Granules India's Scope 1 emissions remained relatively stable, indicating that Granules India's emissions have plateaued with no significant change in its operational footprint. a

What are Granules India's Scope 2 emissions?

In 2024, Granules India reported Scope 2 greenhouse gas (GHG) emissions of 34,519 tCO₂e using the market-based method and 63,078 tCO₂e using the location-based method. a

Has Granules India reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Granules India's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Granules India 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Granules India use for Scope 2 reporting?

In 2024, Granules India reported its Scope 2 emissions using the market-based method and using the location-based method. a

Granules India's Scope 2 Emissions Over Time

20232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Granules India's Value Chain Emissions

In 2024, Granules India reported 666,694 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Granules India includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Granules India's Scope 3 Emissions Over Time

202320240200 k400 k600 k800 ktCO2e+7%
  • Total Scope 3
  • Year-over-Year Change

What are Granules India's Scope 3 emissions?

In 2024, Granules India reported total Scope 3 emissions of 666,694 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 93.17% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.83% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Granules India's Scope 3 emissions remained relatively stable, indicating that Granules India 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Granules India disclose?

In 2024, Granules India reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Granules India's Scope 3 emissions?

In 2024, the largest contributors to Granules India's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 519,808 tCO₂e (77.97%)
  • Processing of Sold Products (Cat. 10): 41,188 tCO₂e (6.18%)
  • Capital Goods (Cat. 2): 28,830 tCO₂e (4.32%)

Granules India's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(6.2%)Purchased Goods andServices (Cat. 1)(78.0%)Capital Goods(Cat. 2)(4.3%)

Insights into Granules India’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Granules India reported Scope 1 greenhouse gas (GHG) emissions of 58,254 tCO₂e and total revenues of USD 538 millions. This translates into an emissions intensity of 108.19 tCO₂e per millions USD. a

Granules India's Scope 1 Emissions Intensity Compared to Peers

1001,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)502001,0002,00010,000Revenues (Millions of USD)OJIOLCPYear: 2025Scope 1: 45,920 tCO2eRevenue: $M 242Scope 1 Intensity: 189.70 tCO2e/$MDivi's LaboratoriesYear: 2025Scope 1: 339,941 tCO2eRevenue: $M 1,091Scope 1 Intensity: 311.47 tCO2e/$MAurobindo PharmaYear: 2025Scope 1: 750,616 tCO2eRevenue: $M 3,672Scope 1 Intensity: 204.39 tCO2e/$MMankind PharmaYear: 2025Scope 1: 6,538 tCO2eRevenue: $M 1,429Scope 1 Intensity: 4.58 tCO2e/$MZydus LifesciencesYear: 2023Scope 1: 44,792 tCO2eRevenue: $M 2,056Scope 1 Intensity: 21.79 tCO2e/$MAarti PharmalabsYear: 2024Scope 1: 88,101 tCO2eRevenue: $M 218Scope 1 Intensity: 404.68 tCO2e/$MAlembic PharmaceuticalsYear: 2025Scope 1: 80,278 tCO2eRevenue: $M 765Scope 1 Intensity: 104.88 tCO2e/$MAjanta PharmaYear: 2025Scope 1: 6,392 tCO2eRevenue: $M 537Scope 1 Intensity: 11.90 tCO2e/$MAbbott IndiaYear: 2025Scope 1: 232 tCO2eRevenue: $M 750Scope 1 Intensity: 0.31 tCO2e/$MCiplaYear: 2025Scope 1: 38,283 tCO2eRevenue: $M 3,177Scope 1 Intensity: 12.05 tCO2e/$MJB PharmaYear: 2025Scope 1: 5,652 tCO2eRevenue: $M 452Scope 1 Intensity: 12.50 tCO2e/$MNatco PharmaYear: 2025Scope 1: 28,495 tCO2eRevenue: $M 518Scope 1 Intensity: 54.96 tCO2e/$MGlenmark PharmaceuticalsYear: 2025Scope 1: 34,547 tCO2eRevenue: $M 1,539Scope 1 Intensity: 22.45 tCO2e/$MTorrent PharmaceuticalsYear: 2025Scope 1: 8,937 tCO2eRevenue: $M 1,325Scope 1 Intensity: 6.75 tCO2e/$MStrides Pharma ScienceYear: 2023Scope 1: 6,168 tCO2eRevenue: $M 439Scope 1 Intensity: 14.04 tCO2e/$MCohance LifesciencesYear: 2025Scope 1: 31,818 tCO2eRevenue: $M 140Scope 1 Intensity: 227.00 tCO2e/$MOOOrchid PharmaYear: 2025Scope 1: 74,800 tCO2eRevenue: $M 108Scope 1 Intensity: 693.22 tCO2e/$MAlkem LaboratoriesYear: 2025Scope 1: 33,018 tCO2eRevenue: $M 1,499Scope 1 Intensity: 22.03 tCO2e/$MGland PharmaYear: 2025Scope 1: 13,920 tCO2eRevenue: $M 654Scope 1 Intensity: 21.30 tCO2e/$MLupinYear: 2025Scope 1: 82,174 tCO2eRevenue: $M 2,597Scope 1 Intensity: 31.64 tCO2e/$MSun Pharmaceutical IndustriesYear: 2025Scope 1: 156,242 tCO2eRevenue: $M 6,091Scope 1 Intensity: 25.65 tCO2e/$MPiramal PharmaYear: 2025Scope 1: 61,351 tCO2eRevenue: $M 1,061Scope 1 Intensity: 57.85 tCO2e/$MIPCA LaboratoriesYear: 2025Scope 1: 169,992 tCO2eRevenue: $M 1,036Scope 1 Intensity: 164.03 tCO2e/$MJJJubilant PharmovaYear: 2025Scope 1: 10,084 tCO2eRevenue: $M 842Scope 1 Intensity: 11.98 tCO2e/$MGranules IndiaYear: 2024Scope 1: 58,254 tCO2eRevenue: $M 538Scope 1 Intensity: 108.19 tCO2e/$M

How does Granules India's GHG emissions intensity compare to its peers?

In 2024, Granules India reported a Scope 1 emissions intensity of 108.19 tCO₂e per millions USD. Compared to the peer group median of 24.05 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Granules India rank on GHG emissions intensity within its industry?

In 2024, Granules India ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Granules India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Granules India's Total Carbon Footprint

In 2024, Granules India reported a total carbon footprint of 788,026 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.47% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Granules India's total carbon footprint was Scope 3 emissions, accounting for 84.6% of the company's total carbon footprint, followed by Scope 2 emissions at 8%. a

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